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The periodical publishers industry generated $2.2 billion in operating revenues in 2010, down 1.2% from the previous year.
Operating expenses fell by 4.2% from 2009 to 2010. As a result, operating profit margins rose from 5.7% to 8.5% in 2010.
In 2010, 31.7% of the industry's operating expenses consisted of salaries, wages and benefits, similar to last year's level. However, these expenses declined 3.7% to $624.5 million.
All regions posted lower operating revenues, led by the Prairies with a sharp decline of 6.0%. Quebec was the exception, with its revenues slightly increasing by 0.2%.
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